NSE IFSC has launched an International stock exchange where one can invest or trade in US stocks. Currently, only 8 stocks are active in the exchange i.e Apple, Alphabet, Netflix, Meta, Morgan Stanley, Tesla, Coca-Cola and Amazon. In the coming months total of 50 US stocks will be listed in the exchange. The US will be represented by NSE IFSC receipts which are basically is the fraction of the share. Example- Amazon share will be issued in the ratio of 1:200 meaning 200 NSE IFSC receipts will represent 1 share of Amazon. This will help investors to invest in the market even in small quantities.
Stockoholic- By Ketan Agarwal